Reply to Yours, Mine, and Ours finances-- how does it work in your house?

Forum Index » Money and Finances

Reply to "Yours, Mine, and Ours finances-- how does it work in your house?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]We began with a joint account, each had a monthly allowance plus I got extra for groceries.  He managed the bills and money in general.  Over the years as income grew, it wasn’t working so well, causing some real problems.

Now we each have a separate account, a joint account, and joint savings.  We put equal amounts into the joint account for household expenses.  We have a generous monthly grocery budget plus a few hundred dollars extra for things like family get together, entertaining, etc.  I pay for all of that and DH puts the same amount into the joint savings which is used for house repairs, vacations, etc.  Whatever we have left goes into our separate accounts for us to spend or save as we like.  DH does make more than me and puts more into his 401k.

The only kind of weird thing is we both pay our car payments because of kind of an also weird situation when we were deciding all of this.  But that even worked out because when I decided I wanted a new car, I could just get it. I got his input, but it was up to me what I bought and how much I wanted to pay and length of the loan, and if I sometimes wanted to make double car payments.

It’s worked out really well for us.  Money issues can cause big problems and happy we figured out something stress free for both of us.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics